HODL is a long-term investment strategy where you buy and hold onto your assets, regardless of market fluctuations. It's a popular approach among crypto investors who believe in the potential of their chosen assets. 🚀
Pros and Cons:
- Pros: Reduced stress from constant trading, potential for long-term growth, and avoiding emotional decisions based on short-term market swings.
- Cons: Risk of significant losses if the market declines, and missing out on potential gains from active trading.
